APEX SERVICES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
APEX SERVICES
Largest movements
- Cash +€66,077
up €66,077 (+148.2%), from €44,573 to €110,650
mainly Net result for the year (+€170,035) and Tax, wage and social debts (+€55,222)
- Deferred charges and accrued income +€65,256
up €65,256 (+181.0%), from €36,057 to €101,313
- Tangible fixed assets -€33,636
down €33,636 (-11.2%), from €301,585 to €267,949
- Receivables within one year +€8,775
up €8,775 (+9.1%), from €96,761 to €105,536
- Profit (loss) carried forward +€170,035
up €170,035, from -€124,201 to €45,834
- Other debts -€122,995
down €122,995 (-98.1%), from €125,418 to €2,423
- Tax, wage and social debts +€55,222
up €55,222 (+96.8%), from €57,058 to €112,280
of which Taxes: +€30,656
- Current portion of long-term debt +€34,683
up €34,683 (+67.2%), from €51,619 to €86,302
- Debts after one year -€32,330
down €32,330 (-14.9%), from €216,911 to €184,581
- Gross operating margin +€416,575
up €416,575 (+201.4%), from €206,885 to €623,460
- Staff costs +€213,022
up €213,022 (+168.6%), from €126,383 to €339,405
- Taxes +€47,299
up €47,299 (+787.3%), from €6,008 to €53,307
- Financial charges -€16,511
down €16,511 (-73.2%), from €22,557 to €6,046
- Other operating charges +€10,838
up €10,838 (+74.2%), from €14,601 to €25,439
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479,732 | €585,952 | +€106,220 | +22.1% |
| Fixed assets | 21/28 | €302,341 | €268,453 | -€33,888 | -11.2% |
| Intangible fixed assets | 21 | €756 | €504 | -€252 | -33.3% |
| Tangible fixed assets | 22/27 | €301,585 | €267,949 | -€33,636 | -11.2% |
| Land and buildings | 22 | €240,500 | €227,500 | -€13,000 | -5.4% |
| Plant, machinery and equipment | 23 | €36,082 | €24,425 | -€11,657 | -32.3% |
| Furniture and vehicles | 24 | €25,003 | €16,024 | -€8,979 | -35.9% |
| Current assets | 29/58 | €177,391 | €317,499 | +€140,108 | +79.0% |
| Amounts receivable within one year | 40/41 | €96,761 | €105,536 | +€8,775 | +9.1% |
| Trade receivables | 40 | €96,761 | €105,536 | +€8,775 | +9.1% |
| Cash at bank and in hand | 54/58 | €44,573 | €110,650 | +€66,077 | +148.2% |
| Deferred charges and accrued income | 490/1 | €36,057 | €101,313 | +€65,256 | +181.0% |
| Total equity and liabilities | 10/49 | €479,732 | €585,952 | +€106,220 | +22.1% |
| Equity | 10/15 | -€1,709 | €168,326 | +€170,035 | |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €103,892 | €102,032 | -€1,860 | -1.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €102,032 | €102,032 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,201 | €45,834 | +€170,035 | |
| Amounts payable | 17/49 | €481,441 | €417,626 | -€63,815 | -13.3% |
| Amounts payable after more than one year | 17 | €216,911 | €184,581 | -€32,330 | -14.9% |
| Financial debts | 170/4 | €216,911 | €184,581 | -€32,330 | -14.9% |
| Amounts payable within one year | 42/48 | €264,530 | €233,045 | -€31,485 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €51,619 | €86,302 | +€34,683 | +67.2% |
| Trade debts | 44 | €30,435 | €32,040 | +€1,605 | +5.3% |
| Suppliers | 440/4 | €30,435 | €32,040 | +€1,605 | +5.3% |
| Taxes, remuneration and social security | 45 | €57,058 | €112,280 | +€55,222 | +96.8% |
| Taxes | 450/3 | €57,058 | €87,714 | +€30,656 | +53.7% |
| Remuneration and social security | 454/9 | - | €24,566 | +€24,566 | |
| Other amounts payable | 47/48 | €125,418 | €2,423 | -€122,995 | -98.1% |
| Remuneration, social security and pensions | 62 | €126,383 | €339,405 | +€213,022 | +168.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,770 | €33,888 | +€1,118 | +3.4% |
| Other operating charges | 640/8 | €14,601 | €25,439 | +€10,838 | +74.2% |
| Gross operating margin | 9900 | €206,885 | €623,460 | +€416,575 | +201.4% |
| Operating profit (loss) | 9901 | €33,131 | €224,728 | +€191,597 | +578.3% |
| Financial income | 75/76B | €3,446 | €4,660 | +€1,214 | +35.2% |
| Recurring financial income | 75 | €3,446 | €4,660 | +€1,214 | +35.2% |
| Financial charges | 65/66B | €22,557 | €6,046 | -€16,511 | -73.2% |
| Recurring financial charges | 65 | €22,557 | €6,046 | -€16,511 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €14,020 | €223,342 | +€209,322 | +1493.0% |
| Income taxes | 67/77 | €6,008 | €53,307 | +€47,299 | +787.3% |
| Profit (loss) for the period | 9904 | €8,012 | €170,035 | +€162,023 | +2022.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,012 | €170,035 | +€162,023 | +2022.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.